Northern Bank & Trust Charitable Foundation Inc logo

Northern Bank & Trust Charitable Foundation Inc

WOBURN, MA EIN: 46-1606139 Website

Northern Bank & Trust Charitable Foundation Inc is a private non-operating foundation based in Woburn, Massachusetts. Established in 2013, the foundation is affiliated with Northern Bank & Trust Company, a community bank serving the Greater Boston area. The foundation has been supporting charitable causes for over 60 years, with a specific focus on providing food, shelter, and housing to families in its communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$831K

+24.0% YoY

Grant Count

45

+18.4% YoY

Avg Grant Size

$18K

+4.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on community investment and support. Primary funding areas include:

  • Food, Shelter & Housing — Direct support for families in need
  • Education — Including scholarship programs
  • Human Services — Community-based assistance programs
  • Philanthropy, Voluntarism & Grantmaking — Support for charitable infrastructure

Grantmaking

Grant Range

s & Types:**

Review Cycle

April 24, 2026

Ready to take the next step with Northern Bank & Trust Charitable Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation primarily serves Middlesex County, Massachusetts, with emphasis on communities where Northern Bank operates in the Greater Boston area.

Grant Distribution by State

5states

Cities

ActonAllstonBedfordBillericaBostonBoxboroughBrooklineBurlingtonCambridgeCantonCharlestownChelmsfordConcordDevensFraminghamHanoverHarvardHubbardstonJamacia PlainLawrence

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $434,528
  • Total Giving: $830,500
  • Annual Income: $1,052,316
  • Asset Range: $100,000 to $499,999
  • Income Range: $1,000,000 to $4,999,999
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$208K$415K$623K$831K32 grants202012 grants202129 grants202238 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Heading Home Inc$400KBoys Girls Clubs of Woburn$60KDunkin' Joy in Childhood…$40KNashoba Learning Group$40KNational Brain Tumor Soc…$25KJunior Achievement of Gr…$20KThe Concord Education Fund$15KYMCA of Greater Boston$15KRon Burton Training Vill…$13KBoys Girls Club of Grtr …$10K

Grant Size Distribution

156 grants across all recorded years

146<$50K5$50–100K3$100–250K2$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Northern Bank & Trust Charitable Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Heading Home Inc ($400,000), Boys Girls Clubs of Woburn ($60,000), Dunkin' Joy in Childhood Foundation ($40,000).

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

James Mawn is listed as a key contact for the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Mary Elizabeth Mawn FerulloDirector0.5
Alicia J Mawn MahlauDirector0.5
James J MawnPresident - Director0.5
Francis KenneyTreasurer - Director0.5
Michelle ArnoldClerk - Director0.5

Recent News & Activity

Recent developments and announcements

2026

The foundation actively promotes its James E. McGarry Jr. Scholarship Fund, with applications being accepted for the 2026 award cycle. The foundation continues its long-standing commitment to community giving through partnerships with schools, nonprofits, and charitable organizations throughout its service area.

Northern Bank Charitable Foundation Announces\u2026 | Northern Bank

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Northern Bank & Trust Charitable Foundation Inc fund?

The foundation's mission centers on community investment and support. Primary funding areas include: • **Food, Shelter & Housing** — Direct support for families in need • **Education** — Including scholarship programs • **Human Services** — Community-based assistance programs • **Philanthropy, Voluntarism & Grantmaking** — Support for charitable infrastructure

How do I apply for a grant from Northern Bank & Trust Charitable Foundation Inc?

**Grant Sizes & Types:** • Typical awards range from $1,500 to $400,000 • The foundation awards up to 10 scholarships annually through the James E. McGarry Jr. Scholarship Fund **Scholarship Program:** • **James E. McGarry Jr. Scholarship Fund** — $5,000 college scholarships • Eligibility: Candidates must be accepted as full-time students in a bachelor's degree program and have a parent or legal guardian employed as an active firefighter or police officer in the geographic area served by the fo…

Where does Northern Bank & Trust Charitable Foundation Inc make grants?

The foundation primarily serves Middlesex County, Massachusetts, with emphasis on communities where Northern Bank operates in the Greater Boston area.

What size grants does Northern Bank & Trust Charitable Foundation Inc award?

In 2024, Northern Bank & Trust Charitable Foundation Inc awarded 45 grants totaling $831K — an average of about $18K per grant, based on its IRS Form 990 filings.

What is Northern Bank & Trust Charitable Foundation Inc's EIN?

Northern Bank & Trust Charitable Foundation Inc's EIN (Employer Identification Number) is 46-1606139. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Northern Bank & Trust Charitable Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Northern Bank & Trust Charitable Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Northern Bank & Trust Charitable Foundation Inc to a real strategy.

Plan your approach